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Listed by James Thompsonof Triton Realty Group LLC
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Est. payment | /mo
3,600 SqFt
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Est. payment | /mo
3,600 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
MLS Listing ID 12790127
Year Built 1930
Annual Tax Amount $9,442
Tax Year 2024
Lot Dimensions 4125
Property Sub-Type Mixed Use
Property Description
This is a mixed-use investment opportunity situated in the Belmont Cragin neighborhood. Featuring solid masonry construction and strong bones, this property presents a clear value-add opportunity in a stable northwest side neighborhood. The asset has two commercial store fronts, two legal apartments, and one nonconforming unit (1R). The commercial space includes one fully updated, move-in ready vanilla box space that is ready for immediate lease-up or owner-user occupancy, as well as an established retail tenant. The property has ample surface parking space that is accessible from the alley. The parking is currently rented to a neighbor for car storage. With reliable in-place revenue, an easily rentable retail space, and substantial room to capture market rents through targeted residential updates, 5817 W. Diversey Ave. offers a value-add opportunity in a desirable Chicago neighborhood.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Window Unit(s)
Flooring Tile, Wood
Fireplace Y
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Brick/Mortar
Structure Type Brick
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